China News

China’s central government should borrow more to lift domestic demand through supportive monetary and fiscal policy, a Chinese economist has urged. “If I can make a recommendation, what I think we could also do is to put together a more aggressive macroeconomic policy using central government leverage or adding central government leverage,” Huang Yiping, a professor at Peking University and dean of its National School of Development, said at the Bund Summit in Shanghai on Saturday. The potential...

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